Cybersecurity

Understanding that cybersecurity is of significant concern to industry, government and consumers, the P20 promotes collaboration between its industry players and regulators in order to establish best practices to combat threats and vulnerabilities to critical infrastructure.

Reducing systemic risk from cyber attack is critical for the global payments industry. P20 leads with collaborative best practices and innovative defense recommendations. Its cybersecurity working group produces research and recommendations on the mitigation of cyber risk. P20 has ongoing dialogue with the U.S. Department of Homeland Security and Department of Justice along with UK GCHQ to keep them abreast of the working group’s progress. Atlanta and London represent the largest U.S. and U.K. payment hubs, so comparison of cyber protocols and threat assessments leads to specific recommendations for transatlantic collaboration.